Brothers, today let's talk about a recent asset that has taken quite a hit but has a solid foundation—Arbitrum ($ARB )
This thing is essentially an 'accelerator' for Ethereum. When the Ethereum mainnet is congested and Gas fees are sky-high, Arbitrum allows you to make instant transactions with ultra-low fees, and its security directly inherits from Ethereum, making it extremely reliable. Currently, most DeFi protocols are running on its Arbitrum One, and there's also Arbitrum Nova specifically catering to high-frequency applications like gaming and social networking, with a team that has a very solid technical background.
However, the ARB token has indeed suffered recently, dropping 98% from its historical peak, with a market cap shrinking to 18 billion dollars and a circulation rate of only half.
In the short term, the selling pressure from unlocked tokens and a sluggish market are the main reasons, but in the long term, as long as the Ethereum ecosystem continues to expand, Arbitrum, as a leading Layer 2 solution, absolutely has the capital to make a comeback.
If you don't know how to operate in this market, you can follow @Crypto余辉 . I have ideas, you have execution capability, and there’s still a spot.
#币安Alpha上新 #美国加征关税 #MichaelSaylor暗示增持BTC #币安钱包TGE
This thing is essentially an 'accelerator' for Ethereum. When the Ethereum mainnet is congested and Gas fees are sky-high, Arbitrum allows you to make instant transactions with ultra-low fees, and its security directly inherits from Ethereum, making it extremely reliable. Currently, most DeFi protocols are running on its Arbitrum One, and there's also Arbitrum Nova specifically catering to high-frequency applications like gaming and social networking, with a team that has a very solid technical background.
However, the ARB token has indeed suffered recently, dropping 98% from its historical peak, with a market cap shrinking to 18 billion dollars and a circulation rate of only half.
In the short term, the selling pressure from unlocked tokens and a sluggish market are the main reasons, but in the long term, as long as the Ethereum ecosystem continues to expand, Arbitrum, as a leading Layer 2 solution, absolutely has the capital to make a comeback.
If you don't know how to operate in this market, you can follow @Crypto余辉 . I have ideas, you have execution capability, and there’s still a spot.
#币安Alpha上新 #美国加征关税 #MichaelSaylor暗示增持BTC #币安钱包TGE
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ARB
0.4076
+3.11%